|S. Rina |||Jan 26, 2017 03:04 AM EST|
China faces another roadblock to the complete inclusion of its stocks in global benchmarks. The country is currently looking to implement strict measures to control its capital flow.
|S. Rina |||Jan 26, 2017 02:29 AM EST|
China is taking more stringent actions against rogue Virtual Private Networks (VPNs) to ensure the online security of its citizens.
|S. Rina |||Jan 26, 2017 02:24 AM EST|
China Molybdenum Co Ltd (CMOC) announced that it has inked a new deal with BHR, a Chinese private equity firm.
|S. Rina |||Jan 25, 2017 08:15 AM EST|
China is one of the biggest internet markets in the world. The country continued its dominance as its user base grew rapidly in 2016. The rate of growth in the past year was the fastest seen in the previous three years period.
|S. Rina |||Jan 24, 2017 11:00 AM EST|
China reported better-than-expected economy growth rate during the fourth quarter of 2016. However, its financial and real estate sector could not keep up the pace. The overall economy grew by 6.8 percent during the last quarter of the previous year.
|S. Rina |||Jan 23, 2017 03:19 PM EST|
The trade relations between China and the US have hit a new low with the swearing-in of US President Donald Trump. Nonetheless, Chinese business tycoons have expressed their optimism that the two countries will be able to overcome their differences. Alibaba founder Jack Ma is one of the people who hold this hopeful perspective.
|S. Rina |||Jan 23, 2017 10:32 AM EST|
China continues its push to capture Hollywood with a new $1 billion deal with Paramount Pictures. Two Chinese firms Huahua Media and Shanghai Film Group have agreed to finance nearly a quarter of Paramount films over the next three years.
|S. Rina |||Jan 23, 2017 08:06 AM EST|
China is gearing to retaliate if its trade ties with the United States takes a turn for the worse. US President Donald Trump has maintained his anti-China diatribe. China has taken a firm stand against Trump's rhetoric, which have touched upon subjects ranging from Taiwan sovereignty to currency manipulation.
|S. Rina |||Jan 21, 2017 01:38 PM EST|
The International Monetary Fund (IMF) has raised its forecast for the Chinese economy. A report released on Monday stated that China's economy is expected to grow by 6.5 percent during this year. This estimate is higher than previous estimates by 0.3 percent.
Domestic Consumption Remains A Growth Driver for Chinese Economy; China General Chamber of Commerce In Upbeat
|S. Rina |||Jan 21, 2017 01:55 AM EST|
China is making a shift from manufacturing based economy towards consumption based economy. The country made impressive achievements in 2016 as domestic consumption emerged to be the primary growth driver for the economy last year.
|S. Rina |||Jan 20, 2017 10:03 AM EST|
Wanda Group's Wang Jianlin, China's richest man, issued a stern warning to Trump. He said that any protectionist policy is likely to result in discord between the countries. He also added that such disagreements would be detrimental to both the countries.
|S. Rina |||Jan 20, 2017 09:57 AM EST|
China has taken strong steps to curb Bitcoin operations in the country. The government authorities undertook a series of investigations into the working Bitcoin exchanges in China. It found that several practices were in contravention to existing laws.
|S. Rina |||Jan 20, 2017 09:53 AM EST|
China continues to cut its US treasury holdings for the straight sixth month. It sold $66 billion worth of US debt in November, taking its holdings to the lowest level since 2010. China is currently taking steps to boost up its local currency.
|S. Rina |||Jan 20, 2017 09:50 AM EST|
Chinese tech giant Alibaba Group has inked a sponsorship deal with Olympic Games. The collaboration is reported to be worth $800 million. This is one of the biggest agreement in the history of Olympic movement.
|S. Rina |||Jan 19, 2017 07:21 AM EST|
China plans to develop a prototype supercomputer in 2017. The machine will be an exascale computer and will be able to execute a quintrillion calculations per second. China already holds the distinction of having the world's fastest supercomputers.
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